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Peloton, the fitness company, recognized for its high-end Bike and Bike+ offerings, faces difficulties in persuading new users to subscribe to its premium services. (Photo: AP)

4 min read

Investing & Markets U.S.

Peloton’s struggle to regain momentum in a challenging landscape

Post Date 11/02/2023

Peloton, the renowned connected fitness company, is facing an uphill battle as it strives to regain its pandemic-era glory. Despite a series of strategic moves, [more…]

Asian manufacturing grapples with challenges amidst the Middle East conflict. (Photo: STR | AFP)

3 min read

China Investing & Markets Japan South Korea Taiwan

Asia’s manufacturing woes persist amid Middle East conflict

Post Date 11/01/2023

Amidst the ongoing turmoil in the Middle East, Asia’s manufacturing sector faces a new wave of obstacles that threaten its path to recovery. The latest [more…]

Oct. 31, 2023 - U.S. export restrictions to China on AI chips hit Nvidia. (Photo: Nvidia Newsroom)

3 min read

China Investing & Markets U.S.

Nvidia may cancel its $5 billion chip order heading to Chinese technology firms next year

Post Date 10/31/2023

In a shocking turn of events, Nvidia Corp (NVDA.O) found itself at the center of a storm as its shares plunged by approximately 5%, reaching [more…]

Oct. 30, 2023 - Amidst a challenging landscape, Germany's economy exhibits resilience in Q3 2023. (Photo: GS)

2 min read

Germany Investing & Markets

Germany’s economy shows flexibility in Q3 2023 during challenging times

Post Date 10/30/2023

In the face of mounting economic challenges, Germany demonstrated its resilience in the third quarter of 2023. Despite lower household consumption and initial concerns of [more…]

October 30, 2023 - McDonald’s Q3 earnings exceed wall street expectations with 8.8% same-store sales growth. (Photo: Barry Brecheisen)

2 min read

Investing & Markets U.S.

McDonald’s surpasses expectations with strong quarterly earnings

Post Date 10/30/2023

Fast-food giant McDonald’s surprised investors and analysts on Monday by reporting quarterly earnings and revenue that exceeded their expectations. The impressive results were attributed to [more…]

Both Hasbro and Mattel are anticipating challenges in the upcoming critical fourth quarter as consumer spending slows due to inflation, potentially impacting their signature toys and games. (Photo: Reuters)

3 min read

Investing & Markets U.S.

Toy giants brace for a challenging holiday season

Post Date 10/26/2023

Shares of toy-making giants Hasbro and Mattel took a nosedive on Thursday as both companies indicated that sales might slow down in the critical fourth [more…]

Bank of Canada Governor Tiff Macklem, stated that the BoC might not need to raise its key overnight rate further if inflation aligns with the CB's expectations. (Photo: Bloomberg)

3 min read

Canada Investing & Markets

A closer look to Bank of Canada’s stance on interest rates and inflation

Post Date 10/26/2023

In a recent interview with the Canadian Broadcasting Corp, Governor Tiff Macklem shed light on the Bank of Canada’s (BoC) outlook for interest rates and [more…]

Despite facing a minor decline in its return on sales, Porsche AG, renowned for its opulent automobiles and close affiliation with Volkswagen, managed to achieve a remarkable upswing in both revenue and operating profit during the initial nine months of this year. (Photo: Porsche)

3 min read

Germany Investing & Markets

Porsche AG’s resilience shines in 2023 amid industry challenges

Post Date 10/25/2023

In a recent announcement, Porsche AG confirmed its 2023 guidance, showcasing robust financial performance and unwavering confidence in the face of challenges. The German sports [more…]

Germany's manufacturing and services decline signal troubling economic trend. (Photo: Reuters)

3 min read

Germany Investing & Markets

Recession looms as business activity contracts in Germany for fourth consecutive month

Post Date 10/24/2023

Berlin, Germany – Business activity in Germany has taken a somber turn as it contracted for the fourth consecutive month in October, hinting at the [more…]

Oct. 24, 2023 - General Motors is revising its self-imposed electric vehicle production target for the middle of next year due to a decline in consumer demand. (Photo: GM)

4 min read

Investing & Markets U.S.

General Motors shifts electric vehicle production goals amid consumer demand softening

Post Date 10/24/2023

General Motors (GM), once at the forefront of the electric vehicle (EV) industry, has made a surprising announcement: it is abandoning its self-imposed target for [more…]